Dung Quat Refinery plans for IPO Business

Dung Quat Refinery plans for IPO

Vietnam’s first oil refinery operator Binh Son Refinery and Petrochemical Co Ltd (BSR) has planned its domestic initial public offering (IPO) with 5-6 percent of its capital in the fourth quarter of the year.
Banks push VN Index to new high Business

Banks push VN Index to new high

Vietnamese shares rose for a second day on both local exchanges on March 24, driven by banking-finance and energy stocks following speculations on a local bank’s divestment from its sub unit and slight increase in oil prices.
Vietnam refinery predicts profit dips Business

Vietnam refinery predicts profit dips

Dung Quat Refinery in the central province of Quang Ngai is aiming to decrease its turnover by 17 percent this year, a 2017 target of 62.4 trillion VND (2.77 billion USD).
Petrol prices remain unchanged, oil prices drop Business

Petrol prices remain unchanged, oil prices drop

The prices of RON 92 petrol and bio-fuel E5 remained unchanged while those of diesel oil 0.05S and kerosene decreased slightly in the latest regular adjustment of oil and petrol prices on February 3.
Oil drags stocks down for fifth consecutive day Business

Oil drags stocks down for fifth consecutive day

Shares dropped for a fifth day on the two local exchanges on October 26 , driven by energy stocks following another drop in oil prices while investors remained cautious after a four-day losing streak.
Stocks down on foreign selling Business

Stocks down on foreign selling

Vietnamese shares extended losses on October 24 as energy stocks were pulled down by a slide in oil prices and foreign investors increased selling of large-cap stocks
Stocks rebound on rallying oil prices Business

Stocks rebound on rallying oil prices

Vietnamese shares rose on September 8 as higher crude prices lifted energy stocks and foreign investors’ selling value decreased from the previous sessions.
PV Drilling to expand markets abroad Business

PV Drilling to expand markets abroad

The PetroVietnam Drilling and Well Services Corporation (PV Drilling) plans to expand its coverage in rig and drilling related services provision, to Myanmar, Malaysia and the Middle East.
Stocks down on banks, oil stable Business

Stocks down on banks, oil stable

Vietnamese shares on July 19 retreated from previous day ’s gains as individual companies declined on bad news in their business activities and lower oil prices extended losses for a second day.